Energy
Nuclear fusion R&D
In 50 years, nuclear fusion may be a major source of energy, but until then extensive research and development is needed. To justify the current and future R&D expenditure, a cost-benefit analysis designed specially for this sector is required. David…
CDM reaches out
European firms are now aided in meeting their climate targets by being encouraged to invest in third world emissions reductions. But, as Oliver Holtaway discovers, not everyone is optimistic that the industry will participate
Survey - Positive feedback
Energy Risk's second annual emissions survey charts the development of emissions trading in Europe since the start of the European Union Emissions Trading Scheme a year ago
Dr Faith Birol
The International Energy Agency is urging governments to decrease their reliance on oil. Stella Farrington talks with IEA chief economist Fatih Birol
The implication of inflation
Inflation
Market graphic - The outlook for volatility
Victor Consoli, head of high-yield research and corporate credit strategy at Bear Stearns in New York, explains the implications of an end to the low-volatility environment
An essential selection
Market View
FPL/Constellation merger could be tip of iceberg
High gas prices look set to usher in a wave of fresh consolidation in the utility sector, as companies strive to save costs
Dealing with default
Credit Derivatives
Redefining equity-linked
Equity-linked securities
MiFID support high, despite the costs
OR&C INTELLIGENCE
The View on Flu
Should life companies worry about bird flu? Swiss Re says yes, but Munich Re and a host of primary insurers claim the risks can be overstated. Richard Irving reports
The CRO road
In just over two months all US-based hedge funds with more than 15 investors and/or $25 million under management will have their own dedicated chief compliance officer.
A pillar of solvency
Paul Sharma, head of policy for banking, insurance and securities at the UK's Financial Services Authority, talks about life at the sharp end of insurance reform. Nicholas Dunbar reports
Perspectives - Phillip Straley
Phillip Straley, Partner, global financial services risk management, Ernst & Young
Legal spotlight
Helen Marshall, an attorney at Bingham McCutchen in London, reveals the seven deadly sins of the Market Abuse Directive in the UK
Copper-bottomed pot of gold
metals/softs